JPMorgan Gives Bold Nvidia Stock Price Target, But Market’s Not Buying It
Despite record earnings, Nvidia's stock fell as technical indicators and decelerating growth suggest the market is skeptical of bullish price targets like JPMorgan's $265.Summary
Nvidia reported blockbuster Q4 results with $68.1 billion in revenue and EPS beating estimates, leading JPMorgan analyst Harlan Sur to raise the stock price target from $250 to $265. However, the market reacted negatively, with the stock falling nearly 7% from its high on February 26th. Analysts note that while revenue is growing, the quarter-over-quarter growth rate is decelerating, and revenue concentration is high, with about 70% coming from just eight companies. Furthermore, technical indicators like the Chaikin Money Flow (CMF) plunged upon the earnings announcement, suggesting speculative positioning evaporated, and the stock broke below its monthly Volume Weighted Average Price (VWAP), a key institutional level. A hidden bearish divergence on the RSI also signals fading upward momentum, indicating that despite institutional accumulation in Q4 2025, the market is not yet convinced by the bullish outlook, keeping key resistance at $195 untested.
(Source：BeInCrypto)